OKX Raises Funds at $25B Valuation with Strategic Investors
OKX secures investment from Circle, Ripple, QRT, and SC Ventures amid a $25 billion valuation.
- OKX raises funds at a $25B valuation with new strategic investors.
- Ripple's RLUSD and BlackRock's BUIDL already integrated with OKX.
- Market remains stable with Bitcoin up 0.45% in 24 hours.
- OKX Raises Funds at $25B Valuation with Major Financial Backers
- OKX Raises Funds at $25B Valuation with Strategic Investors — this brief
OKX has announced that it has added Circle, Ripple, QRT, and SC Ventures as investors, raising funds at a $25 billion valuation. This development comes as OKX continues to strengthen its position in the cryptocurrency market by forming strategic partnerships with key industry players.
Notably, Ripple's RLUSD and BlackRock's BUIDL are already integrated with OKX. According to on-chain data, RLUSD has a circulating supply of $2.5 billion, while BUIDL's circulating supply is $2.25 billion. These integrations highlight the existing relationships between OKX and these financial giants.
The investment from these entities, including Standard Chartered, which already holds BlackRock BUIDL shares used as margin by OKX clients, underscores the exchange's growing influence and the increasing interest from traditional financial institutions in the crypto space.
In the current market context, the total cryptocurrency market cap stands at $2.99 trillion, with the overall market remaining relatively flat. 
Bitcoin has seen a modest increase of 0.45% in the past 24 hours, while the Fear & Greed Index is at 73, indicating a state of 'Greed' among investors.
This development may further solidify OKX's position in the competitive exchange landscape and could potentially attract more institutional interest to the platform. The involvement of major financial players like Ripple and BlackRock suggests a growing trend of collaboration between traditional finance and the cryptocurrency industry.
At today's peer-to-peer rate, 1 RLUSD ≈ ₦1,365.89 (about $1.00), down 0.0% over 24 hours. The naira itself trades about 2.6% above the official rate on the P2P market, so a Nigerian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the assets in this story — live, source-stamped, updated every 15 minutes.
Figures and sectors in this story, checked live against on-chain aggregators · October 6, 2026.
TLT reads these figures directly from on-chain aggregators (DeFiLlama, mempool.space) at build time — independent of what any outlet reported. Sector totals aggregate every protocol DeFiLlama tracks in that category. Values are live and will change.
Ripple USD — questions
How much is 1 Ripple USD worth in naira today?
About ₦1,365.89 at the live peer-to-peer (P2P) USDT rate, which is what Nigerians typically trade at — equivalent to roughly $1.00. The naira price moves with both RLUSD's US-dollar price and the USDT/NGN rate; use our Ripple USD in naira page for any amount.
Which outlets reported this story?
This is an original TLT brief that synthesises reporting from CryptoPotato. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original TLT brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.